When Using a What-If Analysis,you Change Values in Spreadsheet Cells

question 46

True/False

When using a what-if analysis,you change values in spreadsheet cells to see the effects on calculated values of interest.

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Definitions:

Test Statistic

A calculated value from data that is used to test a hypothesis in the context of statistical analysis, helping determine the probability of observing the given data under the null hypothesis.

Observations

Refers to the individual points or pieces of data collected during a study or research.

Two-Tailed Test

A statistical test that considers the possibility of an effect in two directions, both above and below the mean.

Significance Level

The significance level, often denoted by alpha, is the threshold at which the null hypothesis is rejected in a statistical test.